Recap on previous Day :
Current situation giving me a bearish bias, expecting down trend continuation
- Price break the previous weekly low
- During London session price creating the lower of the day (1956.76)
- Pull back expected in the New York session
- Pull back price hit the area of optimal trade entry (OTE)
- Price forming Lower High and Lower Low
Current situation giving me a bearish bias, expecting down trend continuation
Trade active:
Price got rejected when hit opening price on the previous day.
Trade closed: target reached